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Mar 4, 2013
03/13
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house speaker john boehner says he isn't churchill hurt the economy. -- sure they'll hurt the economy. and democrats democrats, meanwhile the president is expected it to announce his nominee for the budget chief today. a senior administration official says it's sylvia burwell who runs the charity arm of retail giant wal-mart. she served as deputy director of the office of management and budget during the clinton administration. >>> california republicans have chosen a new leader. former state senator gym brulte was chosen as state chairman. they chose him after sweeping losses in the november election. brulte has proigned on fundraising and voter outreach. meanwhile former republican presidential candidate mitt romney any admits that it's killing him he is not in the white house. in an interview with chris wallace, romney and his wife ann said they were confident of victory in election night. he said he was sure he was going to win in florida and ohio, both states he eventually lost. >> i think we were convinced that we would win. we saw the polls were very close but we knew the energ
house speaker john boehner says he isn't churchill hurt the economy. -- sure they'll hurt the economy. and democrats democrats, meanwhile the president is expected it to announce his nominee for the budget chief today. a senior administration official says it's sylvia burwell who runs the charity arm of retail giant wal-mart. she served as deputy director of the office of management and budget during the clinton administration. >>> california republicans have chosen a new leader....
SFGTV2: San Francisco Government Television
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Mar 7, 2013
03/13
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SFGTV2
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and after we opened, which was a spectacular opening concert about five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we continue to tour. reputation grows and grows and grows and it has never stopped going forward. msk(music) >> the bay area knows the orchestra. you maybe take things for granted a little bit. that is simply not the case will go on the road. the audiences go crazy. they don't see vitality like this on stage. we are capable of conveying joy when we play. msk(music) >> any performance that we do, that a program, that will be something on the program that you haven't heard before. string orchestra repertoire is pretty small. i used to be boxed into small repertoire. i kept constantly looking for new repe
and after we opened, which was a spectacular opening concert about five weeks after that the economy completely crashed. my plan -- and i'm absolutely dogmatic about my plans --were delayed slightly. i would say that in this very difficult timefor the arts and everyone, especially the arts, it's phenomenal how new century has grown where many unfortunate organizations have stopped. during this period we got ourselves on national radio presence; we started touring, releasing cds, a dvd. we...
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Mar 9, 2013
03/13
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thing, the economy is bad, i can fix it. the next person up for re-election is you. it's not barack obama. it's you. you would think talking up improvement in the economy and your participation would be a good thing to do, but they another doing it. it's now soweight weighted on te of barack obama. if that hasn't changed enough for republicans to get the memo that maybe it would be good politics for them to maybe start saying the economy is getting better. the other is they agreed to raise taxes in january. that was a painful thing for them to do. >> for the top 1%. >> barely. exactly. we always raised taxes on everybody. >> nobody argues about that unfortunately. >> exactly. but they don't want to admit that in a slightly higher tax market jobs are being created. >> let me go to michael. there are a couple of shots taken at the president. it's like etch a sketch again. one-sixth of 1%. high interest rates. the they're so low, you can borough if you've got the collateral. i think his tonians are doing already and other count
thing, the economy is bad, i can fix it. the next person up for re-election is you. it's not barack obama. it's you. you would think talking up improvement in the economy and your participation would be a good thing to do, but they another doing it. it's now soweight weighted on te of barack obama. if that hasn't changed enough for republicans to get the memo that maybe it would be good politics for them to maybe start saying the economy is getting better. the other is they agreed to raise...
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Mar 10, 2013
03/13
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the less they do in washington, the better the economy performs? >> well, i would agree with that except i think when they leave a lot of uncertainty there, it makes it difficult for entrepreneurs to make commitment. i think that's why, as james says, most of this money that the fed is creating is being lent to the treasury, so it's not going into the real economy, except to the extent that, you know, it's forcing, as i say, investors to go into the stock market, and that is, you know, pushing up asset prices. but it's not clear to me that the lack of resolution in washington is actually good for the economic-- the economy. >> mary mentioned the word uncertainty and one thing that the federal reserve board came out with this week is that there is uncertainty in labor markets, specifically about obamacare. and businesses don't know exactly how many people they can hire, whether they have to switch people from full-time workers to part-time workers, there are a lot of questions about obamacare yet to be answered. >> well, businesses large and small h
the less they do in washington, the better the economy performs? >> well, i would agree with that except i think when they leave a lot of uncertainty there, it makes it difficult for entrepreneurs to make commitment. i think that's why, as james says, most of this money that the fed is creating is being lent to the treasury, so it's not going into the real economy, except to the extent that, you know, it's forcing, as i say, investors to go into the stock market, and that is, you know,...
SFGTV2: San Francisco Government Television
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Mar 3, 2013
03/13
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jennifer nelson began working with me four years ago and through some downturns in the economy ended up having to leave and take a different job, was making pretty darn good money. and a year ago december jennifer approached me and said, i hate my job. she says, but i loved the nonprofit. so, jennifer. [laughter] >> please come up. (applause) >> this wouldedthctionv have happened without her. and phoenix is going to be 2013 or 2014 graffiti international. thank you, graffiti fighters. (applause) >> it's cocktail time. [laughter] ... >> hi, i'm with building san francisco and we have a special program of stay safe today. but we're going to talk about what you can do to your home after an earthquake to make it waterproof and to be more comfortable. ♪ ♪ >> we're here at spur in san francisco, this wonderful exhibit of safe enough to stay. and this is an example of what your home might be like after an earthquake. and we have today with us ben latimer. thank you for joining us. >> my pleasure, good to see you. >> we're going to talk about things that you might do ... >> hi, i'm with
jennifer nelson began working with me four years ago and through some downturns in the economy ended up having to leave and take a different job, was making pretty darn good money. and a year ago december jennifer approached me and said, i hate my job. she says, but i loved the nonprofit. so, jennifer. [laughter] >> please come up. (applause) >> this wouldedthctionv have happened without her. and phoenix is going to be 2013 or 2014 graffiti international. thank you, graffiti...
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Mar 8, 2013
03/13
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would that be a boost to the economy? would that be a good thing to do right now is. >> i think it would be a good thing to do for low-income workers. low-wage workers. i don't make an argument it has a lot to do with boosting the economy. there's something to it because they tend to spend the money but it has a lot more to do with what we are talking about, claiming the fair share of the growing economy has been significantly diminished way before dodd-frank had anything to do with it and part of it is raising the minimum wage to help in that regard. >> all right. i love it when nerds fight. peter and jared, thank you very much. >> thank you. >> take care. >>> up next, is that a bomb in your pants? whoa! tsa taking heat yet again. should go outside in the snow and cool off. "the cycle" rolls on. it's a snowy friday in march. ♪ [ female announcer ] they're all going in the same direction, but in very different ways. and pampers gives all of them our driest, best fitting diaper, ♪ pampers cruisers with 3-way fit. not o
would that be a boost to the economy? would that be a good thing to do right now is. >> i think it would be a good thing to do for low-income workers. low-wage workers. i don't make an argument it has a lot to do with boosting the economy. there's something to it because they tend to spend the money but it has a lot more to do with what we are talking about, claiming the fair share of the growing economy has been significantly diminished way before dodd-frank had anything to do with it...
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Mar 4, 2013
03/13
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KTVU
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how the sequester is affecting the economy and airports. >>> almost time flip the switch for the lights project. how you can take parts in the unveiling moment. >>> low clouds throughout and some sun. but won't be very warm today. i can't find any sun at coast. a lot of low clouds. highs 50s, 60s. rain tomorrow night. >>> it is 8:13. protesters iners in venzula demanding know the health. shout hadding we want the truth. the protest comes one day after the vice president says he was under going chemotherapy for a severe infection. >>> and once again this country's election got off to a violent start. before the polls opened there's a 19 people killed in early morning attacks by a secession group target the police. it's kenya's first national election since 2007. officials have been working to prevent repeat and the top two presidential candidates condemned the attack. >>> today marks the start of the first full week of sweeping budget cuts known as the sequester. $85 billion in cuts the government spending took affect friday after democrats and republicans failed to reach a deal. live in
how the sequester is affecting the economy and airports. >>> almost time flip the switch for the lights project. how you can take parts in the unveiling moment. >>> low clouds throughout and some sun. but won't be very warm today. i can't find any sun at coast. a lot of low clouds. highs 50s, 60s. rain tomorrow night. >>> it is 8:13. protesters iners in venzula demanding know the health. shout hadding we want the truth. the protest comes one day after the vice...
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Mar 8, 2013
03/13
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what does happen, if you cut government spenlding in a depressed economy, that hurts the economy. so what we have to do is the main thing standing in the way of recovery right now. >> but how do they do it? they just pushed this on ideology? there's no real analysis? this is so opposite of what they're advocating. >> you know, when you have a massive media machine, when you have loyal people who go on the talk shows an say the same thing again and again, it doesn't hurt that much if you're wrong over and over again. anybody who paid attention to the wall street editorial page the last four or five years would have lost a lot of money. but it doesn't matter, people just keep oncoming back for it. >> now, there was something striking about today's job report where the report said we were up in the private sector jobs by 246,000 jobs last month. the public sector lost 10,000 jobs. and, as you and i have discussed in the african american community, latino community, many of those communities are in the public sector space. can you imagine where we'd be in the country across the board,
what does happen, if you cut government spenlding in a depressed economy, that hurts the economy. so what we have to do is the main thing standing in the way of recovery right now. >> but how do they do it? they just pushed this on ideology? there's no real analysis? this is so opposite of what they're advocating. >> you know, when you have a massive media machine, when you have loyal people who go on the talk shows an say the same thing again and again, it doesn't hurt that much if...
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Mar 2, 2013
03/13
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CNNW
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market are justified but he did warn that government spending cuts would put a significant burden on the economy. >>> jc penney's ceo ron johnson says never mind about that revolutionary new strategy the retailer launched last year, jc penney reported an almost 30% drop in sales for 2012. profit margins, yeah, they shrunk, as well. reaction to the new strategy has been so bad penney's had to sell so much more stuff on clearance that they're losing more money than in the old days of sales and coupons. guess what, the weekly sales, they're coming back. >>> barnes and noble founder and chairman wants to separate the brick and mortar from the nook and ebook. barnes and noble posted a net loss of $6.1 million in 2012 dragged down by a $190 million loss for the nook. >>> a new report sheds more light on the head winds brick and mortars are facing. bed, bath & beyond is the most vulnerable to showrooming where they try them in the store and buy them on amazon.com for a lower price. petsmart was a close second. one way many retailers trying to fight showrooming is by price matching. eight have some kind
market are justified but he did warn that government spending cuts would put a significant burden on the economy. >>> jc penney's ceo ron johnson says never mind about that revolutionary new strategy the retailer launched last year, jc penney reported an almost 30% drop in sales for 2012. profit margins, yeah, they shrunk, as well. reaction to the new strategy has been so bad penney's had to sell so much more stuff on clearance that they're losing more money than in the old days of...
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Mar 5, 2013
03/13
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>> well, the economy is going backwards. 23 million americans are looking for work. and you mentioned 6 trillion dollars in new debt under this administration, and 16.6 trillion dollars as we speak here. every american owes $53,000 in debt and these folks are worried about a 1 to 2% cut. i wish we could cut government back a little bit and i wish we could roll back the epa. and 700 pages of rules and regulations for obamacare, it seems to never end, despite very, very marginal cuts. >> all right, the next fiscal battle panics, apocalyptic moment is coming soon, that has to do with the continuing resolution to fund the government the rest of the year. you, along with some of your colleagues, have written to the speaker and eric cantor and you're saying that you would like them to defund obamacare. now, spending begins in congress. what specifically could they cut and how much would that be? >> well, we do not have a clear answer for the administration of what we can address and we've asked that question for a number of years and they still don't know, but the point be
>> well, the economy is going backwards. 23 million americans are looking for work. and you mentioned 6 trillion dollars in new debt under this administration, and 16.6 trillion dollars as we speak here. every american owes $53,000 in debt and these folks are worried about a 1 to 2% cut. i wish we could cut government back a little bit and i wish we could roll back the epa. and 700 pages of rules and regulations for obamacare, it seems to never end, despite very, very marginal cuts....
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Mar 6, 2013
03/13
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FOXNEWSW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been earning, i was able to get us flight to our favorite climbing spot even on a holiday weekend. ♪ things are definitely looking up. [ male announcer ] with no blackout dates, you can use your citi thankyou points to travel whenever you want. visit citi.com/thankyoucards to apply. >> on this very problem program we've exposed the media bias and brian williams anchor reveals how he feels about this country and chatting with his buddy left wing hollywood father of the year alec baldwin on the i'm sure highly rated pod cast. here is what he said. >> although loud personal
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. twe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. so i used my citi thankyou card to pick up some accessories. a new belt. some nylons. and what girl wouldn't need new shoes? and with all the points i've been...
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Mar 5, 2013
03/13
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> now as the immigration debate continues to challenge the nation, former florida governor jeb bush is looking at a new proposal based on the value freedom. in his book, "forging an american solution", the potential 2016 candidate looks at a strategy for reworking the immigration policy. includes stem to stern immigration reform involving a new bipartisan solution, a demand-driven system recognizing the global competition for immigrants, an increase for the states based on their various needs when it comes to immigrants. dealing with current illegal immigrants, alternative to deportation, border security, creating a more effective visa system in relationship with mexico and lastly, an education program to teach aspirin
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> now as the immigration debate continues to challenge the nation, former florida governor jeb bush is looking at a new proposal based on the value...
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Mar 3, 2013
03/13
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. ♪ ♪ to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer ] today, men with low t have androgel 1.62% (testosterone gel). the #1 prescribed topical testosterone replacement therapy, increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exsure. men with breast cancer or who have or might he prostate cancer, and women who are or may become pregnant
. ♪ ♪ to help you fine-tune your personal economy. call today and we'll make it easy to move that old 401(k) to a fidelity no-fee ira. how did i know? well, i didn't really. see, i figured low testosterone would decrease my sex drive... but when i started losing energy and became moody... that's when i had an honest conversation with my doctor. we discussed all the symptoms... then he gave me some blood tests. showed it was low t. that's it. it was a number -- not just me. [ male announcer...
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Mar 5, 2013
03/13
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you can use the data for other things such as a proxy on the economy. >> and not just helping my commute. >> there's a lot of things that they are using that data for. i remember a story about how target was analyzing our purchases and they were able to see that this young woman was pregnant before her father even realized and he marched in the store, how dare you send her these coupons for pregnant women and two months later sheepishly apoll. >> is. she is pregnant. the question is not how do they do it because we've learned that, but the question is should we be afraid of these predictive powers and this sort of big data paying attention to our lives like big brother? >> well, yeah, absolutely. we should be afraid of it, but we shouldn't resist it either. there's many things we should be afraid of. nuclear energy kill us. at the same time it powers our cities. we must adopt this technology throughout society to improve the way we give health care, we educate our children, that we get through town when there's a lot of traffic but at the same time we need to be very vigilant that we can
you can use the data for other things such as a proxy on the economy. >> and not just helping my commute. >> there's a lot of things that they are using that data for. i remember a story about how target was analyzing our purchases and they were able to see that this young woman was pregnant before her father even realized and he marched in the store, how dare you send her these coupons for pregnant women and two months later sheepishly apoll. >> is. she is pregnant. the...
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Mar 9, 2013
03/13
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the american economy is ready to roar ahead. there is a lot of pent up energy out there, a lot of new businesses ready to gobut we han january. that didn't help. but another big tax increase, that would be highly unhelpful, you might say. >> indeed. well, let's talk about some of the pent up energy. this was quite a week on wall street. we saw the stock market doing incredibly well. what's the average consumer to make of this, knowing that the stock market is doing great, but many people are still hurting when it comes to having jobs. >> well, this economy, even though it's getting a little better, it is still very slow. it's like the car in the super highway. we're now going about 40 miles an hour. we should be doing 70, 75. the stock market in real terms is no higher than it was in the late 1990s. so it's very good to have it up, at least a nominal terms, take it, be happy of it. but it also underscores in terms of investors, especially for the retirement funds, you can't time the market. so you just got to be steady, ride the
the american economy is ready to roar ahead. there is a lot of pent up energy out there, a lot of new businesses ready to gobut we han january. that didn't help. but another big tax increase, that would be highly unhelpful, you might say. >> indeed. well, let's talk about some of the pent up energy. this was quite a week on wall street. we saw the stock market doing incredibly well. what's the average consumer to make of this, knowing that the stock market is doing great, but many people...
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Mar 6, 2013
03/13
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FOXNEWSW
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rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> on this very problem program we've exposed the media bias and brian williams anchor reveals how he feels about this country and chatting with his buddy left wing hollywood father of the year alec baldwin on the i'm sure highly rated pod cast. here is what he said. >> although loud personalities with extreme views gobble up more air time, television news is an industry that rewards unbiased thoughtful and direct reporting. my work has been so cleansed as i've seen it of political opinions and-- how do you do it. >> sean: you have political opinions? >> i sometimes don't know. i have the same disappointments in my patriotism as a great man once said, i yield to no one. i love this country. i love the american idea. i h
rowe price, we understand the connections of a complex, global economy. it's just one reason over 75% of our mutual funds beat their 10-year lipper average. t. rowe price. invest with confidence. request a prospectus or summary prospectus with investment information, risks, fees and expenses to read and consider carefully before investing. >> on this very problem program we've exposed the media bias and brian williams anchor reveals how he feels about this country and chatting with his...
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Mar 3, 2013
03/13
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FOXNEWSW
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is obama playing with the economy and playing with people's jobs to make the republicans look bad? this is not how you are supposed to lead. >> chris: senator brown i want you to weigh in on all of this but you have a special perspective because you are a colonel in the army national guard and spent much of the last five weeks inside the pentagon. off camera does the military think they can live with the cuts or that it will hurt national defense? >> it will obviously hurt. you can't cut half a trillion dollars which we have already done and expect to cut another half a trillion. >> over ten years. >> there is no reason in the world i think you hit it on the head. it is about politics and making the republicans look bad in the public's eye. the president should have the ability to delegate the authority to secretary hagel or any of the dod chiefs to do their jobs. they should also harry reid should also delegate the authority to his various committee chairs to say listen we need to come up with $1.2 trillion over ten years. could your jobs. you are responsible to come up with x. th
is obama playing with the economy and playing with people's jobs to make the republicans look bad? this is not how you are supposed to lead. >> chris: senator brown i want you to weigh in on all of this but you have a special perspective because you are a colonel in the army national guard and spent much of the last five weeks inside the pentagon. off camera does the military think they can live with the cuts or that it will hurt national defense? >> it will obviously hurt. you...
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Mar 2, 2013
03/13
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KPIX
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despite the troubles, some government-funded pension plans have suffered in this struggling economy. he says nothing wrong about a trip to hawaii paid for by pension plans. >> it happens to be in hawaii and people make a big deal about it. i understand it's a very nice place. i -- i just -- it's the content and what you get from it, not so much the locale. >> reporter: critics, however, say it's irresponsible. pension reform expert chris. >> they're gonna go to hawaii? what's up with that? >> reporter: conference organizers expect a problem, so they offered tips on their website about how to justify the trip. he said he didn't have to talk anyone into letting him go, despite the hit the pension took during the down market. >> we are recovering from the losses. >> so maybe this is not such a good time to be going to hawaii. >> yeah. see, that's kind of like penny wise, pound foolish. >> the wisdom of picking hawaii when you're -- >> but i didn't pick hawaii. >> but maybe you could choose not to go. >> yeah. i guess. i stand on a principle. and forego speaking to people that might be t
despite the troubles, some government-funded pension plans have suffered in this struggling economy. he says nothing wrong about a trip to hawaii paid for by pension plans. >> it happens to be in hawaii and people make a big deal about it. i understand it's a very nice place. i -- i just -- it's the content and what you get from it, not so much the locale. >> reporter: critics, however, say it's irresponsible. pension reform expert chris. >> they're gonna go to hawaii? what's...
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Mar 3, 2013
03/13
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MSNBCW
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wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. a wand, some wings, soup with good things. sidewalks and doodles and wholesome noodles. puddles and pails and yes, puppy dog tails. for a lunch like this, there's a hug and a kiss. because that's what happy kids are made of. campbell's. it's amazing what soup can do. because that's what happy kids are made of. with an intuitive motion activated lid and seat,ad bold makes sure you'll never have to ask him again. >>> welcome back to "caught on camera." i'm contessa brewer. brian bates and jimmy justice use their video cameras out in plain sight, looking for that big "gotcha" moment. but the savvy woman you're about to meet never wanted to catch anything like that. and hers is a very personal story. jackie taylor installed a security system, so-called granny cams, in her house, when her elderly fath
wherever you are today, fidelity's guidance can help you fine-tune your personal economy. start today with a free one-on-one review of your retirement plan. bikes and balloons, and noodles on spoons. a kite, a breeze, a dunk of grilled cheese. catches and throws, and spaghettio's. a wand, some wings, soup with good things. sidewalks and doodles and wholesome noodles. puddles and pails and yes, puppy dog tails. for a lunch like this, there's a hug and a kiss. because that's what happy kids are...
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Mar 5, 2013
03/13
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KTVU
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city officials say the two teams will boost the local economy, which has strong sailing community and a lot of maritime-related businesses. >>> queen elizabeth the second is back home at windsor castle after a brief hospital stay. the queen was refleesd a london hospital today where she was treated overnight for a truck ailment. if 86 yoerld monarch fell sick friday and hospitalized adds a precaution. he she's cancelled her engagement thts week. >>> life expectancy appears to be going down for american women. researchers say nearly half of the counties in the united states, women aged 75 and younger are dying at higher rates than in previous years. it seems to be marly true. expert says they don't know why but suggested it might be due to hire rates of smoefking and obesity. >>> a russian volcano has become a huge tourist attraction as it spews hot law have an across the snow. woke from a 30-year slumber in novato and it is showing no signs of slowing down. scientists at the base of the volcano are monitoring the eruption 24 hours a di. rescue crews are also on duty to ensure the af s
city officials say the two teams will boost the local economy, which has strong sailing community and a lot of maritime-related businesses. >>> queen elizabeth the second is back home at windsor castle after a brief hospital stay. the queen was refleesd a london hospital today where she was treated overnight for a truck ailment. if 86 yoerld monarch fell sick friday and hospitalized adds a precaution. he she's cancelled her engagement thts week. >>> life expectancy appears to...
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Mar 8, 2013
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as the economy adds 236,000 new jobs. that happened despite the worry a hype ahead of the march 1 sequester of $58 billion in spending cuts. the son-in-law of usama bin laden was araped today in federal courtroom in new york. sulaiman abu ghaith pleaded not guilty to conspiracy to kill americans. north korea is issuing more threats following the-up security council decision to impose new sanctions. yesterday, the communist nation warn of a nuclear strike on the u.s. we'll take a close look at president obama's new outreach to republicans. the g.o.p. says that the welcome change but the white house says no change at all. "special report" from washington starts at 6:00. now back to new york and "the five." ♪ ♪ >> dana: welcome back to "the five." red light and speed camera. the up side and down side. bob has a theory. it improves safety but the others think it's a scam. in six months $1.5 million fines were collected in a town in ohio, town of 101,000 people. everybody got a ticket and paid it. >> bob: congratulations t
as the economy adds 236,000 new jobs. that happened despite the worry a hype ahead of the march 1 sequester of $58 billion in spending cuts. the son-in-law of usama bin laden was araped today in federal courtroom in new york. sulaiman abu ghaith pleaded not guilty to conspiracy to kill americans. north korea is issuing more threats following the-up security council decision to impose new sanctions. yesterday, the communist nation warn of a nuclear strike on the u.s. we'll take a close look at...
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. >> eric: the economy recovers, the housing market recovers. the stock market recovers but the labor market probably is going to be bad for a long time. sorry. the reason i bring that up is the stock market made all-time high yesterday. another new all-time high today 14. ,000 about 300 or so, up 12%. the economy is turning around. look, the labor market needs to turn around. the house willing be good. a trend we should talk about more. thrill up my leg greg. freddie i disagree. stock stock market a casino people play in no matter how bad the economy is. i have two things. banned phrase, "for the record." you don't to say "for the record." what is the problem? >> kimberly: nothing. >> greg: you don't have to say "for the record." just say what you are going to say. >> kimberly: okay. >> greg: it's not like the good wife. not like ally mcbeal. shut up is what i'm saying. >> kimberly: so rude. >> greg: thoughts go out to mr. bob beckel who is out of today. under the weather. we hope he feels better. hi, bob. we miss you. nothing against juan. jua
. >> eric: the economy recovers, the housing market recovers. the stock market recovers but the labor market probably is going to be bad for a long time. sorry. the reason i bring that up is the stock market made all-time high yesterday. another new all-time high today 14. ,000 about 300 or so, up 12%. the economy is turning around. look, the labor market needs to turn around. the house willing be good. a trend we should talk about more. thrill up my leg greg. freddie i disagree. stock...
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>> you know, the simple answer is there's not demand in the economy. if companies felt like they had investment opportunities where they would see strong growth in the future, they certainly have access to capital, with the stock market higher, corporate debt rates are low, so they can borrow money cheaply, so companies have all the access to capital they might need to invest. they just aren't ig to do it, into you they don't see the opportunities out there. part of the story is with this stock run-up, that's overwhelmingly held by the wealthy, who are more likely to save their money than pend is 90% of the top ten have a retirement account, only 22% of middle-income families do. this is a story that's a more dramatic version of something that'sing going on for 30 years. it's a troubling thing that's holding back or economy. >> kneale irwin, great to see you. >> thank you, thomas. >>> take a look at this, a live look at the house floor, where members are trying to jam two days worth of work on the cr bill into just four hours because of the snow mess i
>> you know, the simple answer is there's not demand in the economy. if companies felt like they had investment opportunities where they would see strong growth in the future, they certainly have access to capital, with the stock market higher, corporate debt rates are low, so they can borrow money cheaply, so companies have all the access to capital they might need to invest. they just aren't ig to do it, into you they don't see the opportunities out there. part of the story is with this...
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dow jones hit an all time high even as the economy continues to struggle. dow finished head at 126 points to close under 14,254. s&p 500 was up 15, nasdaq gained 42. mother nature may be saving her best for last. a late winter storm is dumping up to ten inches of snow in chicago bringing it with the requisite travel issues. airlines cancelled more than 1100 flights and hundreds elsewhere. storm is headed this way with up to a foot of snow expected in some places in the east. once the weather breaks in a few weeks, washington will be a very popular destination for travelers. but tonight white house correspondent ed henry says there is one place where the welcome mat is no longer out. >> just in time for the spring break rush of tourists, white house officials notified congress they are taking the highly unusual step of cancelling tours. >> due to stopping reductions from sequestration we regret to form nrm you that they will be cancelled starting march 9th. >> tom coburn declared that they jumped the sequester. >> i do think it's political but i also think i
dow jones hit an all time high even as the economy continues to struggle. dow finished head at 126 points to close under 14,254. s&p 500 was up 15, nasdaq gained 42. mother nature may be saving her best for last. a late winter storm is dumping up to ten inches of snow in chicago bringing it with the requisite travel issues. airlines cancelled more than 1100 flights and hundreds elsewhere. storm is headed this way with up to a foot of snow expected in some places in the east. once the...
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. >> gregg: what appear to be encouraging on the state of the economy in recent weeks, we are seeing what they are calling a housing boom and stock market closing at record highs but still there are market watchers that are skeptical citing ben bernanke's policy of low interest rates is meant to empower big banks to boost lending but analysts could be doing the opposite. are we witnessing a real recovery or is this just a bubble destined to burst. patricia powell, ceo of powell financial group. let me talk about the unemployment drop first. it was due in part to job creation, about 130,000 people quit the work force and the number of discouraged workers, that jumped up by 80,000. what does it tell you? >> by any measurement you wanted to use, the unemployment has been horrible through this. the recovery of unemployment has been lackluster. we should, if you go back and look from other recoveries, back to the reagan years. we should be growing at 500,000 to 700,000 a month. we had million jobs created. 236,000 was barely taking care of the new increase. it's hard to work off the 3 mil
. >> gregg: what appear to be encouraging on the state of the economy in recent weeks, we are seeing what they are calling a housing boom and stock market closing at record highs but still there are market watchers that are skeptical citing ben bernanke's policy of low interest rates is meant to empower big banks to boost lending but analysts could be doing the opposite. are we witnessing a real recovery or is this just a bubble destined to burst. patricia powell, ceo of powell financial...
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he's going to explain why he says you cannot fix the nation's economy until you deal with the issue of immigration. >> lots to get to with the former governor. >>> a story a lot of people are
he's going to explain why he says you cannot fix the nation's economy until you deal with the issue of immigration. >> lots to get to with the former governor. >>> a story a lot of people are
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t had nothing to do with the economy. i find itto interesting that president obama had his peoplees out there in force, arnie duncan, janet napolitano telling us how people were going to come over the border, arnie duncan, teachers are going to get laid offment people won't get fed. and then two days ago, yesterday afternoon or so, he started to walk it back. he started to see that, wow, all this fear mongering isn't really work. they're not buyingg it. mostly because we stayed on it saying it's not going to be that much different. today he walked it back completely. don't worry. it's not going to happen overnight. it h may take some time bottom line, all sequestration does is bring you two years backwards in the budget. that's all it's done. we were getting along just fine. >> we're still spending more. >> and any of the plans are actually deficit neutral. they don't really. reduce it much. andrea, i want to ask you about the republicans because in the past couple of chain mails thata we've had to deal with, it was perce
t had nothing to do with the economy. i find itto interesting that president obama had his peoplees out there in force, arnie duncan, janet napolitano telling us how people were going to come over the border, arnie duncan, teachers are going to get laid offment people won't get fed. and then two days ago, yesterday afternoon or so, he started to walk it back. he started to see that, wow, all this fear mongering isn't really work. they're not buyingg it. mostly because we stayed on it saying...
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investors cheered the employment report, showing the economy added 236,000 jobs last month. the private meetings to choose the next pope begin tuesday. all of the 115 cardinals involved are now in rome. and a cruise ship operated by royal caribbean returned to florida carrying more than 100 people suffering from what's believed to be the norovirus. now back to "dateline." >>> for weeks after travis alexander's murder, police worked on figuring out what had been deleted from the camera found in his washing machine. they recovered photos of travis having sex with jodi arias. photos of travis modeling in the shower. and then they found this. it was dark, upside down and hard to make out. but once they flipped it and enhanced it, the photo was a digital smoking gun. taken june 4, 2008, at 5:32:16:. it shows a wounded travis alexander. that's him in the background. that's his shoulder. that's his blood. and in the foreground is a woman's pant leg. >> these are your pants. >> this is his bathroom. that is not my foot. >> reporter: police believe the killer accidently stepped on th
investors cheered the employment report, showing the economy added 236,000 jobs last month. the private meetings to choose the next pope begin tuesday. all of the 115 cardinals involved are now in rome. and a cruise ship operated by royal caribbean returned to florida carrying more than 100 people suffering from what's believed to be the norovirus. now back to "dateline." >>> for weeks after travis alexander's murder, police worked on figuring out what had been deleted from...
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economy. they hit everything from entitlement reform to the urgency of paying down the debt, they address the cutting government spending and whether or not congress can focus on more than one thing at a time. >> as bob rubin said, you never know when a bond crisis will come. it's not like we'll get a warning. you'll wake up one day and suddenly there's a crisis. when is that going to happen? i don't know. >> all kinds of things can happen. >> what do you mean all kinds of things? paul, again, you've been predicting this for 20 years. that's such a tired argument, to search for quotes i said in stuff once upon a time. >> once upon a time? you said this for 15 years, then woke up one day and said i was wrong. you said we needed to create a housing bubble to replace a nasdaq bubble. >> you know i was joking when i said that. >> you were joking? >> this is so disa poinppoindis? >> i'm quoting back what you are saying. i don't think -- >> we need a serious discussion here. >> what is the attack? >
economy. they hit everything from entitlement reform to the urgency of paying down the debt, they address the cutting government spending and whether or not congress can focus on more than one thing at a time. >> as bob rubin said, you never know when a bond crisis will come. it's not like we'll get a warning. you'll wake up one day and suddenly there's a crisis. when is that going to happen? i don't know. >> all kinds of things can happen. >> what do you mean all kinds of...
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economy. but having said that, what we're going to see, we started to see this already with the accusations against the united states, is the u.s. embassy is trying to reach out to this next government, aware that perhaps things will calm down a little bit. i think the press conference today that we saw is an indication that they're not going to. they're going to still reach into their bag of tricks and try to stoke this anti-americanism and in some cases use it to their own political benefit. clearly as a way to sort of as a smokescreen before the announcement of chavez's death and also a way to sort of make an excuse for the last three months, where we thought he would come back and lo and behold he isn't. >> he now has a vice president and maybe people don't think that vice president can necessarily carry that out. as you said, that could create a vacuum in the region but at the same time, he did run in the last election against an opponent who some thought was formidable and would have bee
economy. but having said that, what we're going to see, we started to see this already with the accusations against the united states, is the u.s. embassy is trying to reach out to this next government, aware that perhaps things will calm down a little bit. i think the press conference today that we saw is an indication that they're not going to. they're going to still reach into their bag of tricks and try to stoke this anti-americanism and in some cases use it to their own political benefit....
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. >> reporter: what do they say about the larger economy? >> they're not just guessing things are going to be better. they've seen the orders. >> reporter: people are buying more nails? >> yes. >> nobody buys nails to stockpile them. or because they feel like having more nails. they need them. >> reporter: it's not just construction, health care, technology. at 67, baby boomer jane genova has been working part-time, the whole recession. she interviewed for a full-time job in e-commerce just this week. the room of applicants was packed. >> in your late 20s and early 30s, looking very professional. and i realized they were competing with me. and i thought they were all -- because they were so smart, because they were young, they were smarter than i was. but i didn't walk out. >> reporter: the next day, she got the call. finally, right? >> yes, finally. >> she goes back to work on monday. she was not threatened by the younger people in the room. and nose nails, from maze nails in illinois, and nobody stockpiling them. home depot saying they'll
. >> reporter: what do they say about the larger economy? >> they're not just guessing things are going to be better. they've seen the orders. >> reporter: people are buying more nails? >> yes. >> nobody buys nails to stockpile them. or because they feel like having more nails. they need them. >> reporter: it's not just construction, health care, technology. at 67, baby boomer jane genova has been working part-time, the whole recession. she interviewed for a...
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essential, urgent that the egyptian economy get stronger. that it get back on its feet. >> aides to kerry said he only decided to release the funds after morri morsi penaled that e islamic government run by the muslim brotherhood would raise tax subsidy and show greater outreach to political opponents. the economic moves will be deeply unpopular on the streets of egypt for half the country lives on $2 a day. senior u.s. officials see the incongruity of the taxpayer funds the leader who refuse to apologize for calling jews the dekren dent of apes and -- decrep dent of apes and pigs. they echo what president obama said when he first pledged the funds to egypt two years ago. >> american support for democracy will therefore be based on ensuring financial stability. promoting reform. and integrating competitive markets with each other and the global economy. >> on this, the final leg of his trip, secretary kerry tackled still another complexity of the troubled region, counterterrorism. efforts to support the fragile government of yes men so it di
essential, urgent that the egyptian economy get stronger. that it get back on its feet. >> aides to kerry said he only decided to release the funds after morri morsi penaled that e islamic government run by the muslim brotherhood would raise tax subsidy and show greater outreach to political opponents. the economic moves will be deeply unpopular on the streets of egypt for half the country lives on $2 a day. senior u.s. officials see the incongruity of the taxpayer funds the leader who...
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responding to what is going on overseas in europe and in asia in responding to the uncertainties in the economies over there. >>> time now 655, police in antioch are searching for suspects in a terrifying shooting. it happened at a home on lipton street. a gunman opened fire on a 19- year-old man who appears to have been on the inside of a car parked in the garage. the shooting victim is expected to survive and it is still not clear what led up to that shooting. a baker's field retirement community is offering condolences to a woman who died after a nurse refused to give cpr despite the pleas of a 911 operator. >> is there nibbling to help this lady and not let her die? >> not at this time. >> it was against the policy of glenwood gardens nursing home to provide medical care at that independent living community. >> what should she have done? something, and what did she do? you know embarrass all of us who are licensed healthcare professionals. >> residents have to agree to that policy mandating no medical care even before they move in but the facility is now reviewing that policy. >>> they are lo
responding to what is going on overseas in europe and in asia in responding to the uncertainties in the economies over there. >>> time now 655, police in antioch are searching for suspects in a terrifying shooting. it happened at a home on lipton street. a gunman opened fire on a 19- year-old man who appears to have been on the inside of a car parked in the garage. the shooting victim is expected to survive and it is still not clear what led up to that shooting. a baker's field...
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the fact is the economy is starting to improve. if we accept a second tier of the largest tax increase for the second largest tax increase in history, the economy is going to further weaken. it's a huge mistake and republicans won't go along with it. >> arthel: bernard, i give you 20 seconds because economists say now is not the time to cut spending. >> we'll have to have spending cuts. but the spending cuts in the way the sequester hasn't happened across the board, randomly, not targeted. not allowing us to invest in education and first responders is improper. >> oh, come on. >> you're talking about obamacare, that's over and done with. >> no, i'm not. it's a payroll tax increase. it's a payroll tax increase. >> arthel: guys, i just got in my ear that i have to cut this short. so i appreciate the spirited debate. i want it to keep going, but i can't. matt, bernard, thank you very much to both of you for expressing your perspectives. >> thank you. >> gregg: spirited. interesting. thanks. drivers in cleveland told to stay off an int
the fact is the economy is starting to improve. if we accept a second tier of the largest tax increase for the second largest tax increase in history, the economy is going to further weaken. it's a huge mistake and republicans won't go along with it. >> arthel: bernard, i give you 20 seconds because economists say now is not the time to cut spending. >> we'll have to have spending cuts. but the spending cuts in the way the sequester hasn't happened across the board, randomly, not...
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economy. thanks so much for watching today and all week. chris matthews and "hardball" is next. >>> a left turn on the drones. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let at the start tonight with this. like a lot of watching you got interested in politics back when nifs school. something about it just grabbed me and it was the basic things, the role of the individual in this country and how we get treated by our government and what role the united states of america should play in the world. if i ever forget vietnam, please remind me and do it loud. so when john mccain blasted rand paul the other day for, quote, stunts that fire up impressionable libertarian kids in their college dorms, i thought back to when i myself was in one of those college dorms up at holy cross in worcester where people are now under 10 inches of snow. i assume they're arguing about drones up there about the rights of the united states government to use those drones against america
economy. thanks so much for watching today and all week. chris matthews and "hardball" is next. >>> a left turn on the drones. let's play "hardball." ♪ >>> good evening. i'm chris matthews in washington. let at the start tonight with this. like a lot of watching you got interested in politics back when nifs school. something about it just grabbed me and it was the basic things, the role of the individual in this country and how we get treated by our...
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we need to have that dynamic economy returned. you do that by growing the economy, getting people a hand up not a hand out. teach a man to fish, he can feed himself for a life. don't simply feed fish. >> don't simply feed fish. the quote, paul, is teach a man how to fish -- don't give a man a fish, teach a man to fish and he eats forever. but this is a guy that they're going to make the point man on medicare and the safety net? >> well, listen. first of all, we need to teach corporate america how to fish, right? because what we have is kind of a corporate socialism that through tax loopholes and tax breaks allows wall street to excel. president obama has been great for business in both terms thus far considering the global market forces at work here. the stock market does well, main street not so well. the interesting thing about ryan's proposed new budget, number one it relies on the cuts that the president proposed in order to make medicare more efficient and solvent. not to privatize it but make it more efficient. and also, thi
we need to have that dynamic economy returned. you do that by growing the economy, getting people a hand up not a hand out. teach a man to fish, he can feed himself for a life. don't simply feed fish. >> don't simply feed fish. the quote, paul, is teach a man how to fish -- don't give a man a fish, teach a man to fish and he eats forever. but this is a guy that they're going to make the point man on medicare and the safety net? >> well, listen. first of all, we need to teach...
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out. 160,000 jobs expected to be added to the economy. very important for the dow which has been the focus of international investors this week. >> a busy day yesterday involving pandora. revenue jumped in the fourth quarter. overall the company is struggling. looks like they lost $14 million. what's the future of the internet company? >> well, they also lost their ceo on the back of those numbers. they're replacing joseph kennedy. you're right. the numbers widened out to a bigger loss in the fourth quarter. the numbers, $14.6 million in terms of the red ink. $8.2 million was the size of the loss a year ago. it's telling you something about the extent of the problems the company's facing. these did actually beat expectations which is why the stock has been up about 20%. it's facing increased competition in the sector. a huge challenge is the company does somehow increase its number of subscribers, 60 million some people listening to the service. >> cnbc's karen tso live for us in london. have a wonderful weekend. >>> let us know why you'r
out. 160,000 jobs expected to be added to the economy. very important for the dow which has been the focus of international investors this week. >> a busy day yesterday involving pandora. revenue jumped in the fourth quarter. overall the company is struggling. looks like they lost $14 million. what's the future of the internet company? >> well, they also lost their ceo on the back of those numbers. they're replacing joseph kennedy. you're right. the numbers widened out to a bigger...
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i think about years ago we had a decent print on the unemployment rate and the economy slipped back. we have mix edifice school policy. raising taxes, both on people making 400,000 tuesday a year and everybody else. payroll taxes went up. so that tracks the -- >> i will say -- i think this is good -- these are good numbers. let's hope they keep going. this is really good for the market and a lot of people are in the market. will the market go to 15 or 20? this jobs report suggests it will go to 15. here's why. decent growth. not great growth. long-term unemployment rate still going up about that means the fed is not going raise interest rates. as long as the fed keeps printing money the market has along way to go i think the fed signaled when the unemployment hits .6%, they reverse their current position. that's a long way to. so if you're in the market, and average people are now get neglect market. they're worried, i is it going reverse, go to 15? better than even chance it goes to 15 and above. >> shepard: the biggest real-world debate in america is how you hoff forward with the d
i think about years ago we had a decent print on the unemployment rate and the economy slipped back. we have mix edifice school policy. raising taxes, both on people making 400,000 tuesday a year and everybody else. payroll taxes went up. so that tracks the -- >> i will say -- i think this is good -- these are good numbers. let's hope they keep going. this is really good for the market and a lot of people are in the market. will the market go to 15 or 20? this jobs report suggests it will...
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. >> bill: the welfare of the economy be damned, i'm going to get this ideological jihad done by making the people be angry at the republicans because they can't possibly compromise on this. >> right. that is the strategy. >> bill: all right. >> now, in his defense, he would say, a person of his left liberal social democratic ideology, that in order to achieve a more ideal society, a more just society, you have got to enact all of the stuff he wants to do and still is left undone, control of education nationalizing child care. nationalizing energy. cap and trade, all of that. you have got to do all of that. green energy, you have to impose it and in order to achieve that, which he thinks is the higher achievement, he has to crush the republicans and then he will have in the last two years the opportunity but always remaking america, always. >> bill: keep in your mind, charles, that he is willing to put the entire country in jeopardy, economic jeopardy to realize this vision. is he gambling with our lives here. and that's why i got so angry. and i am angry and i'm going to continue to be
. >> bill: the welfare of the economy be damned, i'm going to get this ideological jihad done by making the people be angry at the republicans because they can't possibly compromise on this. >> right. that is the strategy. >> bill: all right. >> now, in his defense, he would say, a person of his left liberal social democratic ideology, that in order to achieve a more ideal society, a more just society, you have got to enact all of the stuff he wants to do and still is...
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the economy is not doing very well. that's why the fed is keeping interest rates very low and looks like it's going to keep interest rates very low. so that means the cost of capital to firms is very low. unemployment is high. that drives down wages. the two of those together means high corporate profits, as your chart showed. so in a way, what we're seeing here as the interest rate is low, stock market goes up, bonds are not doing very well, people, older people, for instance, who depend on interest from t-bills, doing terribly. so all of this is a picture actually not of success, but a picture of an economy not doing very well. and when you look at those corporate -- the profits of american, you know, the blue chip that constitute the dow, many of those, most of those have a large fraction of profits overseas. and china, emerging markets, they're doing relatively well, much better than the united states. and so they can be doing well by creating jobs abroad, but meanwhile, the american economy is not doing well. >> fr
the economy is not doing very well. that's why the fed is keeping interest rates very low and looks like it's going to keep interest rates very low. so that means the cost of capital to firms is very low. unemployment is high. that drives down wages. the two of those together means high corporate profits, as your chart showed. so in a way, what we're seeing here as the interest rate is low, stock market goes up, bonds are not doing very well, people, older people, for instance, who depend on...
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. >> i suspect what they say herer is not really going to make a difference in the country's economy. >> very quick thoughts. >> well, it's really -- brings -- i get the -- it's sad that the american people are denied entry to the focal point of our country and our pride and liberty. >> we're going to leave it there. thank you very much. jay carney, give me a call i'll pick up the phone. >> was the tsa caught with its pant downs because a fake bomb made its way through a magna tomter and a patdown. if youthen this willbrids arbe a nice surprise. meet the 5-passenger ford c-max hybrid. c-max come. c-max go. c-max give a ride to everyone it knows. c max has more passenger volume than competitor prius v and we haven't even mentioned... c-max also gets better mpg. say hi to the super fuel efficient ford c-max hybrid. >> to tight in the front. >> all right. >> we can do that out here but if you touch my junk, i'm going to have you arrested. >> remember that? even when the tsa agents touch your junk, there's chance you're going to flunk. an undercover tsa inspector was able to sneak a fake
. >> i suspect what they say herer is not really going to make a difference in the country's economy. >> very quick thoughts. >> well, it's really -- brings -- i get the -- it's sad that the american people are denied entry to the focal point of our country and our pride and liberty. >> we're going to leave it there. thank you very much. jay carney, give me a call i'll pick up the phone. >> was the tsa caught with its pant downs because a fake bomb made its way...
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when you look at post-world war ii economy, you look at a transitional economy. from agriculture based economy to full industrial based economy had a full spectrum of jobs. we're transitioning out of that. we have to educate people for a new economy. that's the whole point here. you cannot remain stuck in the past. it wasn't ideal and it won't remain. >> there was a fed report this week of the beige book report that noticed there are shortages of skilled workers in different districts in the united states. workers feel like they get up to speeds on skills, they invest in those skills and economy changes faster than they can keep up with their skills. >> there are shortages of skilled workers. if you filled all of those shortages tomorrow, we would have an employment crisis in this country. we shouldn't get diverted on that track. the problem is that we do not have an economy that works for the vast majority of americans. we have an economy that works only for a favored few. we need to have a conversation. we need to figure out how to remake this economy into one
when you look at post-world war ii economy, you look at a transitional economy. from agriculture based economy to full industrial based economy had a full spectrum of jobs. we're transitioning out of that. we have to educate people for a new economy. that's the whole point here. you cannot remain stuck in the past. it wasn't ideal and it won't remain. >> there was a fed report this week of the beige book report that noticed there are shortages of skilled workers in different districts in...
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Mar 6, 2013
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in a bad economy for workers, you are seeing a good economy for people at the top. and that distance between how they can be doing and both what they need in terms of labor and also how much their profits are shareholder, that should worry us. >> and ben, there are ripple effects from this. folks who have 401(k)s but of course if you're unemployed, you don't have a 401(k). >> it's not broadly shared. and part of the reason that corporate profits are as high as they are is the companies don't see the need to increase wages at all. because there is so much slack in the labor market because people are unemployed and don't have the skills to take on these jobs. so companies can squeeze more productivity out of their existing workforce. and as they hire people as they're reluctant to do, when they do hire them, they don't feel the next far high wage. that's what's driving profits. >> despite your buzz kill, you have written about making an argument that there are good things going on. you can point to some indicators that suggest that a recovery is underway. unfortunatel
in a bad economy for workers, you are seeing a good economy for people at the top. and that distance between how they can be doing and both what they need in terms of labor and also how much their profits are shareholder, that should worry us. >> and ben, there are ripple effects from this. folks who have 401(k)s but of course if you're unemployed, you don't have a 401(k). >> it's not broadly shared. and part of the reason that corporate profits are as high as they are is the...
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Mar 4, 2013
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. >> this is going to hurt the economy. it will hurt economic recovery. >> i don't know whether it's going to hurt the economy or not. i don't think anyone quite understands how the sequester is really going to work. >> so with no end in sight, members of the president and his cabinet are warning ripple effects from the sequester are starting. >> we are already seeing the effects, some of the ports eventually, the big airports, for example, some of them had very long lines this weekend. >> joining me right now is democratic congressman david ciccillinni of rhode island. let's talk about rhode island specifically. what the sequester means, the impact civilian defense employees facing furloughs, 5,000. children losing head start services, 200. teacher aid jobs at risk, 30. how do you explain what the sequest we shall now that we're living through it, really means? >> thank you, thomas. i mean, i think people understand that this is not a way to make cuts and is this is not a way to do deficit reduction. these are across the b
. >> this is going to hurt the economy. it will hurt economic recovery. >> i don't know whether it's going to hurt the economy or not. i don't think anyone quite understands how the sequester is really going to work. >> so with no end in sight, members of the president and his cabinet are warning ripple effects from the sequester are starting. >> we are already seeing the effects, some of the ports eventually, the big airports, for example, some of them had very long...
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Mar 8, 2013
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they have to buy from us light quality oil for use in their economies. meantime, equipment, parts are all in short supply. so the progrenostics for the future are grim. >> which is the main support of the system. can they continue to subsidyize cuba, for instance. that cuban relationship between the castros and chavez was so close, but it was also built on the fact of charity that cuba was completely reliant on free oil and free energy from venezuela. >> i anticipated continuing. the relationship between moduro and the cuban leadership is tight, and, remember, it isn't all generosity. there are exchanges. there are cuban doctors in remote areas, poor areas of cities in venezuela. there are teachers. there are intelligence workers. so there is a symbiotic relationship between cuba and venezuela. moduro will seek to maintain that. >> do you see finally and briefly any opening on the horizon with a new secretary of state, any opening between the u.s. and cuba if only it to take cuba off of the terror list, which many believe is a completely antiquated sympt
they have to buy from us light quality oil for use in their economies. meantime, equipment, parts are all in short supply. so the progrenostics for the future are grim. >> which is the main support of the system. can they continue to subsidyize cuba, for instance. that cuban relationship between the castros and chavez was so close, but it was also built on the fact of charity that cuba was completely reliant on free oil and free energy from venezuela. >> i anticipated continuing....
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Mar 4, 2013
03/13
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it's the clearest indication of potential overheating in the economy. so what they did today was basically introduced new measures. they are trying to take the air out of the balloon. they've raised interest rates. they've raised down payments. they've said they're going enforce capital gains tax at 20%. all these measures designed to make people think twice before buying a home. oh, and i've slightly buried the lead here, as we say, because their bet was dramatic, john. the shanghai market was down 3.5%. >> wow. these are the kind of things you can do in a completely manageded economy. back here -- go ahead. >> well, well, you can do it in -- you could do it in another economy, some would say, alan greenspan could have -- they're less dramatic than hitting over the head with interest rates. israel does them. quite a few countries go underneath the interest rate and start messing around with the underlying trends. that's how you do it. >> it's obviously having ripple effects around the world. we've been talking about the dow getting close to all time re
it's the clearest indication of potential overheating in the economy. so what they did today was basically introduced new measures. they are trying to take the air out of the balloon. they've raised interest rates. they've raised down payments. they've said they're going enforce capital gains tax at 20%. all these measures designed to make people think twice before buying a home. oh, and i've slightly buried the lead here, as we say, because their bet was dramatic, john. the shanghai market was...
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Mar 7, 2013
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he's the former chair of the republican national economy. senator udall, i applaud completely what you have tried to do. explain if you can why any decent person including a progressive senator would support this stupid thing where any senator in the world can simply say tell the majority leader i think i'm going to filibuster and that is effectively a killing off of that legislation. >> chris, nobody should be able to support that. that's the basic idea. one senator holding up the whole show and i don't think that's what the american people want and i don't think it's what most senators want. i think what they want to see is if you have an objection, you have a statement, you have something to put out there for the american people, you go down to the floor and do it rather than secretly block things and hold things up, and that's -- >> what does harry reid say? you're in harry reid's office. imagine you're sitting with harry reid, the old prop. he speaks softly but he has a big stick. what does he say when you get in there was the new kid o
he's the former chair of the republican national economy. senator udall, i applaud completely what you have tried to do. explain if you can why any decent person including a progressive senator would support this stupid thing where any senator in the world can simply say tell the majority leader i think i'm going to filibuster and that is effectively a killing off of that legislation. >> chris, nobody should be able to support that. that's the basic idea. one senator holding up the whole...